Skip to main content

tv   Business - News  Deutsche Welle  April 4, 2023 1:15am-1:31am CEST

1:15 am
sorry, we're following for you this era. donald trump is back in new york ahead of his core to parents. the former president is spending the night a trump tower before he hands himself into prosecutors. he faces criminal charges stemming from coach money, allegedly paid to an adult film actor in 2016 and that's all for now coming up next. it's tito view business with details of a surprise cut in oil. i've put by opec producers and don't forget that there's plenty more news and information on our website, d, w dot com. and you can follow us on our social media accounts for me and the team here take care. and i'll see you at the top of the next hour with guardians of truth. my name is john kinda and i have paid almost every price of being a journalist in a country like to key taking on the powers that be they risk everything
1:16 am
john, don't dar? asks activists, journalists and politicians living in exile too much on my shoulders. but i have to hold this way because i'm responsible for the future fall country for the people behind the bus. they live for their mission. people need to know what is happening in our series guardians of truth watch know on youtube, d. w documentary. ah, a precautionary step, letting oil prices search the world's top kurt hooters announced a massive cut and output will look at the impact of the move on energy markets and beyond. also coming up 50 years ago today, the 1st call from a mo,
1:17 am
all phone was made to take a look at how a clunky toy from nerds became our most important device. i'm chris coldwell, welcome to the program. more than 1000000 barrels a day. that's how much major oil producers are cutting their daily production by. according to a surprise announcement from opec close members, as a result, the price of brent crude all rows of, of $80.00 a barrel on monday. saudi arabia, iraq and several golf stay said induction could, will go into effect and me, along with higher energy cost to move, could also mean that inflation stays elevated according to alice putting additional pressure on central banks to combat and staying with the energy sector, the solar power boom is facing growing opposition among us farmers and land owners in the mid west where companies are trying to buy land to build solar farms and callaway county, missouri. for example,
1:18 am
the debate has deeply divided the community. something that's happening in many rural areas across the country and which is slowing the transition to low carving electricity and the world's largest economy. huge areas covered with solar panels, often on former farm land. but there is growing resistance in callaway county, missouri signs of appeared on the side of the road against new solar projects. susan burns leads a group of farmers who fear their agricultural income will be at stake. this is huge. seller companies coming in, taking are farmland, ruining our agricultural community, taking away all the agro businesses. the loss of $10000.00 acres of land in callaway county will bankrupt many of the agricultural businesses around. so that's here in northern callaway county. word is that the 1st shovels for one of the 3 solar farms could come as early as this summer. although it is not confirmed by the
1:19 am
ranger power renewable energy company. the developer of the $250.00 megawatt project, which would be enough to power nearly $43000.00 homes, says that it's $300000000.00 investment would, among other things allow local homeowners to sustain existing family farms. and some farmers like michael graves have agree to lease land for the solar panels. farming is very good right now. you know, the crop prices are high yield. we've had some pretty decent yields the last few years. but i can remember times when it wasn't so good. so, you know, this was something that it's, i won't say guaranteed, but it's a, it's going to be a steady form of income or, you know, maybe and my retirement her for future generations. also, every 2 weeks, the protesters, me in the town hall to discuss the new solar farms differing visions have pitted
1:20 am
farmer against farmer and even divided families, neighborhood on tweaking each other with this issue. this was, were very, very tight community, very tightly comedian. and it is affecting the social structure of our community. the u. s. electricity grid still sources 60 percent of its power from fossil fuels, but experts fear grassroots protests against solar projects could significantly delay the u. s. as commitment towards getting to net 0. let's turn to our top story here, the world's top, all producers announcing a massive output. let's take a closer look at the matter with livia, galati all markets analysts as energy aspects. olivia, welcome back to the program here. so, so operate powers are calling these production cuts a precautionary move in case the world economy sauers? do you think these cuts are justified?
1:21 am
the cuts are indeed precautionary. we, we think they are. that's because opec plus does not want the current, my current certainty that we seen over the past couple of weeks and months to lead to another collapsing oil prices. these are factors that are not linked to market fundamentals. then that's why am opec has reacted the way it has. now the thing is that the market is already starting to draw. and i mean, i would say fundamentals are ok. they're not bullish, but they are okay. and so the thing is, if the western economy doesn't know that in the 2nd half this year, the cuts will prove the right move. if the economy looks ok, then the market risk over tightening. and, and, but the thing is that we don't think actually will pick will follow through with all the cuts if the market starts over tightening. livia, very see the biggest impact of these cuts are having well,
1:22 am
if you're thinking about it in terms of markets and grades, it's going to be your due by linked markets that will have the biggest, the upside in terms of crisis. and that's because that's the production that we are losing from the opec plus cuts. but broadly, the cuts will resonate globally across all demand centers. it will lead to higher prices everywhere. here and speaking of higher prices, how much of a problem is does move in the fight against inflation? well, we expect the cuts to tighten the markets, and that should lead to higher prices as we've discussed. and now the thing is, if you think that the economy will hold up by and large and it will lead to more sticky inflation. of course, the contrary is true if we going to their de procession. then ducats will essentially negate the downside to prices. and it will not impact inflation. libya, there are analysts saying that the oil producers just won't accept the price that's
1:23 am
below $80.00 a barrel. is that really the threshold here? briefly, if you could? well, opec don't have a specific threshold, but definitely the prices that we seen over the pastor 23 weeks in particular. we're not prices that opec, we're comfortable with libya guarantee of energy aspects. livia, thank you for your time. thank you. jim. sports, netflix, even sex. there's a lot that, according to a recent survey, people would give up rather than their mobile phone. and i guess it's somewhat understandable. seeing that we use these devices for so much more than just ringing up friends and family of 1st call from such a device happened 50 years ago today. but it took another decade for the 1st mobile phone to get regulators prove this. is it the 1st officially licensed mobile phone ever weighing in an over half a kilo?
1:24 am
this motorola cost over 4000 bucks in 1083 to day. it can be viewed in berlin, museum for communication, turn and on a handful. it fits in the pocket and it was rechargeable, on really, this is the 1st mobile phone as we know it today. and it allows for more than just phone calls, but also text messaging it. however, it would take another 10 years until an engineer actually sent the 1st message. the 1st message was merry christmas, stamped with the full words, not ex west. it was christmas. it was a true milestone turning of fallen into a multifunctional instrument for the very 1st time we have mobile telephone which are more than just literal, mobile telephones. we're moving beyond voice communications to a new application of the mobile spectrum to sending literally text messages. we can see that continuation 3 today, where we have hundreds of thousands, if not millions of applications on our smartphone. so via symmetrical be considered
1:25 am
the 1st step towards the modern smartphone. the 1st text message was suit followed by computer programs, then came the blackberry, that video calls, and an ever growing offering of apps, applications for mobile phones and tablets. today, studies suggest that people spend over 5 hours on the smartphone every day of m. morales bringing benwood, he's the founder and co curator of the mobile phone museum. welcome to the show ban . so let's dive right into my producer and i have been having a quite a heated discussion. is it knock? yes, 6210 or 6310, which is the best mobile phone. ah, well, some of those classic nokia phones were very, very special and may hold her a very personal place in people's hearts. and it was a certain time when people were mainly doing, talking and texting, that goes fine sir, did a great job so far my technology point of view, how could the mobile phone turn on he into the device that's most important to many
1:26 am
of us? well, i mean we've come a very long way. so here is the phone that we're talking about a phone like this. 50 years ago, the call was made. it took another 10 years to get to this kind of commercial design. and this was all about just talking, it was about cutting the cable and making sure you could go anywhere and make a mobile phone. the evolution has moved on. and of course, the mobile phone now serves so many purposes. it's the key thing in people's lives with calling, texting. it's your camera, your credit card, your tv, your maps, it does so many things, right? as you mentioned, technology went on and regular mobile phones have become quite cheap nowadays. why are smartphones still considerably expensive? well, i'm smartphones, i've actually got a lot more expensive, but let's not forget that this original mobile phone would have cost about $3500.00
1:27 am
in 1984, which is about $10000.00 or $11000.00 us dollars now. so the price is have come down, but if you look at the complexity of a mobile phone, in terms of the big screen, the battery, the camera technology, the processor, it's a mini computer in your pocket. and also because it's so valuable to people that prepared to spend a lot of money on it. then scientists list some 40 to minerals, including several precious metals that can be found inside many consumer phones nowadays, making them a real sustainability issue. do you see anything change about that? we are starting to see small changes, but you are absolutely right. mobile phones are an environmental headache. this year, 1200000000 phones will be sold. there's more phones on the planet from people. and we need to be starting to be more responsible using more sustainable materials and also making sure that those phones are recycled,
1:28 am
responsibly and more repairable. the best thing you can do from a sustainability and environmental perspective is use your phone for longer than would founder of the mobile phone museum. ben, thank you greg. to join you. thanks very much. and as a reminder of the top of business story we are following for you at this hour, major oil producers are cutting more than 1000000 barrels of day. starting in may. that's according to a surprise announcement from pull pick plus members. as a result, the price of brent crude all rows above $80.00 a barrel and monday to move could also further fan inflation. that's our show for now. for more check out our website at the d. w dot com slash business. and of course the d. w, news, youtube channel. i'm chris kolber and berlin from me and the entire team. thanks for watching. have a successful ah
1:29 am
. m, inside bangladesh is elite force wrong. for the 1st time to form a come on to speak out. in our investigative documentary, they describe human rights violations. the government has always denied a pulse has a beginning of a story that moves us and takes us along for the ride. it's all about the perspective culture
1:30 am
information. this is d, w news, and d, w made from mines kick a 60 minute on d w. mm. mm. oh, with matters to us i. that's why we listen to their stories reporter every weekend on d w ah ah . 2 this phone call capture something you were never supposed to hear.

17 Views

info Stream Only

Uploaded by TV Archive on